Published 2 years ago

Biden vows to battle inflation as prices keep climbing

Summary by Ground News

Consumer prices surged 8.6% last month from 12 months earlier, faster than April's year-over-year increase of 8.3%. The new inflation figure, the biggest yearly increase since December 1981, will heighten pressure on the Federal Reserve to continue raising interest rates aggressively. President Joe Biden speaks on inflation and supply chain issues while at the Port of Los Angeles.

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Washington Examiner

Biden slams Putin for inflation, now running at 41-year high

LOS ANGELES — President Joe Biden slammed “Putin’s tax” for surging prices, blaming the Russian leader for hiking costs on everyday goods as inflation ticked up to a 41-year high.

2 years ago·Washington, United States

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The Epoch Times

Biden Responds to Inflation, Supply Chain Woes at Port of LA

LOS ANGELES—President Joe Biden declared his top economic priority was “fighting inflation” June 10 and blamed Russia’s President Vladimir ...

2 years ago·New York, United States

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Russia Today [🇷🇺-affiliated]

Biden again attempts to blame Putin for inflation

President Joe Biden has blamed Russian President Vladimir Putin for the soaring cost of living in the US

2 years ago·Russian Federation

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Star Advertiser

Biden vows to battle inflation as prices keep climbing

LOS ANGELES >> In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.

2 years ago·Honolulu, United States

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News 4 JAX

Biden vows to battle inflation as prices keep climbing

In President Joe Biden's estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.The president's policies, his deals with the private sector, regulatory actions and public jawboning have failed so far to stop prices from marching upward. Biden on Friday pledged to keep fighting against inflation whil…

2 years ago·Jacksonville, United States

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